Mum and Dad have decided that you can either get a car or go on holiday but you are not allowed to do both :(
How are you going to decide what to do?
Maybe answering the following questions will help you. Get out a piece of paper and a pen and answer the questions.
What are the benefits and costs of buying a car?
What are the benefits and costs of going on holiday?
Now it's time to decide what you would like to do. Which did you choose, a car or a holiday? Why?What is the Opportunity Cost of choosing a Car?What is the Opportunity Cost of choosing a Holiday?
Mum and Dad have decided that you can either get a car or go on holiday but you are not allowed to do both :(
How are you going to decide what to do?
Maybe answering the following questions will help you. Get out a piece of paper and a pen and answer the questions.
What are the benefits and costs of buying a car?
What are the benefits and costs of going on holiday?
Now it's time to decide what you would like to do.
Which did you choose, a car or a holiday? Why?What is the Opportunity Cost of choosing a Car?What is the Opportunity Cost of choosing a Holiday?